SALAMONE DENIS J 4
4 · M&T BANK CORP · Filed May 3, 2022
Insider Transaction Report
Form 4
SALAMONE DENIS J
Director
Transactions
- Award
Common Stock
2022-04-29+721→ 63,968 total
Holdings
- 5,000(indirect: By Foundation)
Common Stock
- 7,917(indirect: By IRA)
Common Stock
- 13,315(indirect: By GRAT #1)
Common Stock
Footnotes (4)
- [F1]The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on the M&T Bank Corporation Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.
- [F2]On June 28, 2021, 6,685 shares were acquired from GRAT #1 in satisfaction of its annuity obligation. See footnote (4) for information regarding the GRAT #1.
- [F3]The indicated shares are held by the Salamone Family Foundation, a nonprofit corporation in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Salamone Family Foundation and holds voting and dispositive power over the shares held by it.
- [F4]The indicated shares are held by GRAT #1. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #1 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.